Developing Asia FDI reaches $644 billion in 2025
Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier,...
Tag : energy transition
ADB unveils fund to speed ASEAN power grid plans
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing...
China electric cars reshape fuel demand and Venezuela oil flows
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport...
UAE and Korea strengthen cooperation in energy and advanced industry
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening...
ADNOC Gas posts strong Q1 with $1.27 billion net earnings
ADNOC Gas plc announced a net income of $1.27 billion for the first quarter of 2025, representing a...
Power capacity from renewables sees record-breaking global growth in 2024
Record-breaking annual growth in renewable power capacity in 2024 has been confirmed by the International Renewable Energy Agency...
Electricity consumption drives global energy demand surge in 2024
Global energy demand increased sharply in 2024, rising by 2.2% and nearly doubling its average annual growth rate...
Emerging economies to drive 85% of global electricity demand growth
Global electricity demand is projected to grow at its fastest rate in recent years, increasing by nearly 4%...
Global clean energy investment set to reach $1.7 trillion, overtaking oil production
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant...
European Investment Bank supports circular economy with €3.4 billion lending
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant...